4 definitions
by
Marcellus_vrw

Capitolism is an ironic reference to an economy in which market forces are subsumed to political interests in Washington. The term is derived from Karl Marx's term for a private enterprise-based economy, Capitalism, and the name of the building in which the U.S. Congress meets, the Capitol.

Similar to crony capitalism, capitolism isn't capitalism and it isn't quite socialism, but combines some of the worst aspects of both systems. A business that makes decisions based on what will earn it subsidies from Washington, rather than supply and demand, is capitolist.

To avoid bankruptcy, General Motors must make business decisions based not on the market, but on the tens of billions of dollars in subsidies it seeks from Washington. Once a prominent example of capitalism it is now one of capitolism.

Organizations funded, in whole or in part, by billionaire George Soros, which function to promote his political beliefs.

Moveon.org, Media Matters for America, Human Rights First, the Open Society Institute, Center for American Progress, and America Coming Together are a few of the many George Soros-funded groups that make up the Sorosphere.

Mysterious creature that edits or removes old entries on a blog - usually because the entries are embarrassing to the blogger. Longoliers are similar to the Ministry of Truth, in George Orwell's Book 1984, in that they function to falsify history.

Australian journalist and blogger Tim Blair was the first to use "Longoliers" to describe this phenomenon. The term was originally used by author Stephen King to describe beings who devour the past.

Longoliers have been busy in th archives of Little Green Footballs and The Daily Dish as the bloggers have moved from right to left on the political spectrum.